Frasers Commercial Trust's manager announces new appointments

FRASERS Commercial Trust's manager announced changes in the composition of board directors following the retirement of chairman Dr Chua Yong Hai and Tan Guoing Ching.

Both Dr Chua and Mr Tan have served on the board of directors of the company since February 2006, and are retiring as part of the board renewal process and for compliance with regulatory requirements

With effect from Nov 30, Bobby Chin will be appointed as the chairman of the board of directors. He is a non-executive and independent director of the company, and a member of the Audit, Risk & Compliance Committee and the Nominating and Remuneration Committee.

Chang Tou Chen will be appointed as the chairman of the Nominating and Remuneration Committee. He is a non-executive and independent director of the company, and a member of the Audit, Risk & Compliance Committee and the Nominating and Remuneration Committee.